Is the Bank Trying to Take your Homeowner's Claim for Florida Foreclosure Surplus Funds?

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Jan 23, 2017

Is the Bank Trying to Take your Homeowner's Claim for Florida Foreclosure Surplus Funds?

Posted By
Haynes & De Paz, P.A.

No, I’m not talking about the second mortgage. I am talking about
the first lien holder that just foreclosed on your property and is now
coming back to claim extra fees and costs. I see this happen quite often.
That is, the bank gets their final judgment satisfied, but then sees there
is a surplus of funds and moves for an “affidavit of costs”
or “affidavit of additional fees.”

Now, the bank may be entitled to some interest and additional costs from
the foreclosure sale, however, it is key to have a Florida Foreclosure
Surplus Law Firm assess your case and make sure the bank is not illegally
trying to take more than they are entitled to take.

For example: I have seen situations where the bank has come in to claim
their interest from the judgment to the sale date (which is fine if done
the right way). However, I have also seen the bank miscalculate their
interest amount and claim thousands more than they are entitled to.

Some may think this is not a big deal, but there are actual foreclosure
sales that don’t take place until three or four years after the
judgment! This means, the bank can try and collect costs, interest, and
fees for a long period which can be tens of thousands of dollars out of
a homeowner’s foreclosure surplus claim.

Talk with an experienced Florida foreclosure surplus lawyer about protecting
your surplus funds claim. Don’t hire a
surplus recovery company as they are NOT lawyers. You need a lawyer that knows this area of law
and will put you in position to collect your Florida Surplus Funds as
fast and efficient as possible.